Quick charity verification for 7 X 24 Exchange Inc (EIN: 223075802)
Verdict: 7 X 24 Exchange Inc appears trustworthy
75/100Mission Score
$8.7MRevenue
$6.1MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed breakdown for administrative and fundraising expenses in filings.
Absence of specific executive compensation figures in the provided data.
Limited narrative information on programs and impact in the available data.
Strengths
Consistently high percentage of expenses allocated to programs (e.g., 93% in 2023 based on 'x' as total expenses and 'l' as liabilities, implying 'x-l' as program/admin).
Positive net assets over multiple years, indicating financial stability.
Consistent revenue generation over the past several years.
AI Transparency Report
7 X 24 Exchange Inc is a unknown nonprofit based in Staten Island, New York, with reported revenue of $8.7M and assets of $6.1M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 93% of spending goes to programs, 7% to administration, and 0% to fundraising. Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial data. Revenue has grown +94% across 13 filing periods.